A licence application has been approved by the Securities and Exchange Board of India. This development clears the way for expansion into new areas. The application was submitted on April 27, 2026, and is still pending final registration.

Once the registration process is complete, new opportunities will emerge. Participation in various capital market activities will be possible, including managing certain investments.

Further details about this development are available from the source, including the background of the application and the potential impact on the company's business.